Recent Trading Performances From The UK Stock Market: CMCX, CCC, ASC and DMGT

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Recent Trading Performances From The UK Stock Market: CMCX, CCC, ASC and DMGT

 Recent Trading Performances From The UK Stock Market: CMCX, CCC, ASC and DMGT

Business overview: CMC Markets Plc

CMC Markets Plc (LON: CMCX) is the United Kingdom based holding company that allows the trading of Forex, Indices, Cryptocurrencies, Commodities, Shares and Treasuries on its platforms, via its website as well as through its mobile-based applications. The group also runs a service on providing news and insights on various financial products. The group also provides various knowledge services like learning how to trade through its platforms and information of all the financial instruments.

CMCX-Q3 Trading update period ended 31st December 2019

In the third quarter of 2020, the Net operating income of the group continued to outperform expectations. Despite lower client income due to the weaker market conditions prevalent during the quarter, the company managed to generate higher revenue per active client. The company continues to do well in both B2B and B2C businesses.

CMC Markets Plc’s Stock price performance

Daily Chart as on 24-January-20, before the market closed (Source: Thomson Reuters)

On 24th January 2020, CMCX shares were clocking a current market price of GBX 165.46 per share, while writing at 09:17 AM Greenwich Mean Time. At the time of writing, the company’s market capitalisation was hovering around at £476.58 million.

The shares of CMCX on 23rd January 2020, had touched a new high of GBX 166.60, while it plunged to the bottom level of GBX 74.30 on 12th April 2019 in the last 52 weeks.

The beta of the company’s stock was negatively correlated to the benchmark index at -0.38 with a dividend yield of 2.14 per cent.

The company’s stock surged by 12.28 per cent from the start of the year to till date. However, the company’s stock has given investors 43.88 per cent of a positive return in the last one year. The shares of the company have delivered a positive return of 27.60 per cent in the last quarter. Â

Business overview: Computacenter Plc

The United Kingdom based Software and Computer services business, Computacenter Plc (LON: CCC) engages in providing information technology solutions related to security, network management, database management, user productivity and is also in providing consultation around IT products. The group is also a major provider of information technology services to the public sector. Some of the group’s products and solutions include Digital Workplace, Cloud Data Centre, Security and Networking.

Computacenter Plc’s Pre-Close Trading Update for FY19

Group’s total revenue grew by 16 per cent and was up by 17 per cent on constant currency basis. The organic revenue was up by 3 per cent and by 4 per cent on a constant currency basis respectively, excluding the impact of recent acquisitions made in the Netherlands and the US.

In the United Kingdom, the reported revenue remained flat with lesser margin deals being recorded under IFR15 standards on an agency basis, which led to an increase in Technology Sourcing gross margin. In the reported year, the UK saw a record performance with strong margin growth in both Services and Technology Sourcing businesses due to the total adjusted gross profit contribution.

The Group’s cash and cash equivalents exceeded the Board's expectations by the end of the year. During H2 2019, with strong cash generation, the company was able to repay £30 million of group’s debt.

Computacenter Plc’s Stock price performance

Daily Chart as on 24th-January-20, before the market closed (Source: Thomson Reuters)

On 24th January 2020, CCC shares were clocking a current market price of GBX 1,800 per share, while writing at 09:22 AM Greenwich Mean Time. At the time of writing, the company’s market capitalisation was hovering around at £2.02 billion.

The shares of CCC on 3rd January 2020, have touched a new high of GBX 1,867.00 and had plunged to the bottom level of GBX 1,018.00 on 28th January 2019 in the last 52 weeks.

The shares of the company have delivered a positive return of 43.74 per cent in the last quarter. The company’s stock plunged by 0.28 per cent from the start of the year to till date. However, the company’s stock has given investors 57.02 per cent of a positive return in the last one year. The beta of the company’s stock was recorded at 0.92, with a dividend yield of 1.79 per cent.

Business overview: ASOS PLC

ASOS PLC (LON: ASC) is a British online fashion and cosmetic retailer with an active presence in the UK, US and Continental Europe. Most of the group’s products sold are exclusively sold through its platform, and the company operates its own brand of clothes as well. It is one of the leading fashions stops globally, and apart from being a fashion company, the group also calls itself a technology company.

ASC- Trading Statement for the four-month period ended 31st December 2019

The Group’s total revenue was up by 20 per cent to £1,106 million, capturing a record Black Friday, with a solid performance across all regions and good customer engagement during the period. The group’s total orders went up by 20 per cent to 27.7 million, well supported by service quality of its distribution centres. The group experienced strong customer footfall as the customer visits increased by 23 per cent year-on-year and also witnessed an increase of 1.4 million in the active customer base during the four-month period. The group is on track of executing its plans for FY20 and outlook remains the same for the year.

ASOS Plc’s Stock price performance

Daily Chart as on 24th-January-20, before the market closed (Source: Thomson Reuters)

On 24th January 2020, ASC shares were clocking a current market price of GBX 3,305 per share, while writing at 09:27 AM Greenwich Mean Time. At the time of writing, the company’s market capitalisation was hovering around at £2.77 billion.

The shares of ASC on 30th April 2019, have touched a new high of GBX 4,090.00, while it plunged to the bottom level of GBX 2,033.00 on 19th July 2019 in the last 52 weeks.

The company’s stock plunged by 2.16 per cent from the start of the year to till date. However, the company’s stock has given investors 6.66 per cent of a positive return in the last one year. The shares of the company have delivered a negative return of 6.06 per cent in the last quarter. The beta of the company was recorded at 1.55.

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Business overview: Daily Mail and General Trust

British media group, Daily Mail and General Trust PLC (LON: DMGT) manages a diverse, multinational portfolio of companies. The company's portfolio of news media businesses includes a popular online source of news, the UK's highest circulation of weekday newspaper and two of the UK's most-read paid-for newspapers, in addition to market-leading positions in other business lines. The group’s popular brands include Daily Mail, which provides consumers and businesses with events, news, entertainment, analysis and information.

DMGT-Q1 FY20 Trading update period ended 31st December 2019

Daily Mail and General Trust Plc’s trading levels are in line with the expectations, and the outlook remain the same for the financial year 2020. The company’s revenue surged by 1 per cent on an underlying basis and declined by 4 per cent on a reported basis for the period. During the period, the company showed decent performance from its consumer media and B2B (business to business) businesses. In November 2019, the company acquired “i” for around GBP 50 million. The company’s net cash (on Pro forma basis) stood at GBP 160 million as on 31st December 2019.

Daily Mail and General Trust’s Stock price performance

Daily Chart as on 24th-January-20, before the market closed (Source: Thomson Reuters)

On 24th January 2020, DMGT shares were clocking a current market price of GBX 826.00 per share, while writing at 09:31 AM Greenwich Mean Time. At the time of writing, the company’s market capitalisation was hovering around at £1.72 billion.

The shares of DMGT on 4th November 2019, have touched a new high of GBX 897.00 and reached a bottom level of GBX 533.63 on 28th January 2019 in the last 52 weeks.

The shares of the company have delivered a negative return of 5.24 per cent in the last quarter. The company’s stock plunged by 1.81 per cent from the start of the year to till date. However, the company’s stock has given investors 53.08 per cent of a positive return in the last one year. The beta of the company’s stock was recorded at 0.51, with a dividend yield of 2.94 per cent.

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